Posted tagged ‘07030’

Whether you’re searching for a Hoboken condo or want to see what the brownstone your standing in front of is selling for, this FREE app brings the information to the palm of your hand anytime, anywhere. This is the only real estate app that works on standard cell phones and smart phones alike. Plus, did I mention it’s FREE!

Search all Hoboken MLS listings and view prices, square footage, taxes, features, maps, pictures and more! The “Call” feature will connect you to me if you have questions.

If you need help downloading my app, please call my technical support team at Smarter Agent at 856-614-5423. If you haven’t used a text code or downloaded an app before, this is a great time to learn how!

Then, the next time you’re wondering what’s for sale or what just sold in Hoboken – open my app and all the information will be at your fingertips.

About Eddie: Eddie Perez is an experienced, active New Jersey licensed Broker – REALTOR specializing in buying and sellingCondos and Brownstones in Hoboken and the surrounding metro communities including Jersey City and Weehawken, New Jersey. He has personally sold over 120 homes and is among the top producing agents in Hudson County. His goal is to educate both buyers and sellers so that they can make the most of their bottom line while saving time and having fun during the process. You can email questions to eddie@InvestHoboken.com. or call /text him direct at 201.344.2886.

Condo living in Hoboken has a lot to offer. Hoboken is filled with great restaurants and this weekend you can get a taste of some by taking part in the Magnia Hoboken Food And Culture Tour. Enjoy walking in historic Hoboken while trying some local cuisine. “We offer a weekly walking tour that will offer residents and tourists a behind-the-scenes look at the world class food establishments that highlight Hoboken’s Italian heritage.” said Tour Director, Avi Ohring.The tour will stop at many places some include:

Carlo’s City Hall Bake Shop, home of “Cake Boss”- The hit series is broadcasted weekly on the TLC channel

Lisa’s Italian Deli- Named the best Italian deli by NJ Monthly Magazine

Grimaldi’s Brick-Oven Pizzeria- Pizza made with love in a brick-oven

Empire Coffee & Tea- The same family has owned and operated this establishment since 1908

The tour will also be visiting the childhood home of Frank Sinatra. Tour groups are limited to 16 and are available every Saturday. Tickets may be purchased up to an hour before the tour. Tickets are $42 and include all food samples. The walking tour leaves promptly at 2:00pm from the main entrance of the Hoboken PATH station. Plan to allow 3.5 hours for the tour.

If you are looking to enjoy the benefits of homeownership in the Hoboken area contact me, Eddie Perez of ReMax Gold Coast Realty. You can reach me directly at (201) 344-2886 or check out my InvestHoboken website.

Owning a Victorian brownstone home is the dream of many that live in Hoboken and the NYC Metro area. They are truly the jewels of many neighborhoods.

Big, grand homes of an era gone by, now prized for being able to accommodate growing families by offering them multiple bedrooms and bathrooms, large yards and a style that blends modern touches with unique historic details.

Most Hoboken brownstones can be had at a fraction of the price when compared to similar homes in Manhattan and many parts of Brooklyn. Not only can one save money but often one can save time with an even easier commute into many parts of New York City. All of this is available without sacrificing a vibrant city environment.

These Hudson Street Brownstones are some of the finest. Many have been updated with modern amenities such as gourmet kitchens and central air conditioning while retaining the details that give them their unique qualities.

So if you’re thinking of buying a large condo…see if perhaps one of these jewels might be the right fit for you!

About Eddie: Eddie Perez is an experienced New Jersey licensed Broker – REALTOR specializing in buying and selling condominiums and Brownstones in Hoboken and the surrounding metro communities including Jersey City and Weehawken, New Jersey. He has personally sold over 120 homes and is among the top producing agents in Hudson County. His goal is to educate both buyers and sellers so that they can make the most of their bottom line while saving time and having fun during the process. You can email questions to eddie@InvestHoboken.com. Call him direct to see any of these properties 201.344.2886.

Imagine spending the first night in your new Hoboken luxury condo. You know, the one you’ve just spent upwards of $600,000 or more for.

Tired from your move and the celebratory toast from the bottle of champagne that your REALTOR gave you at closing, you look forward to the first nights rest in your new home.

As you slip into a peaceful sleep, suddenly you’re awakened at 1am.

Thunk!…Bang!…..Crunch!…..Grind!….Bang!…Boom! OMG…what the #*%@ is that!

Those my friends are the wonderful sounds of the garbage collection at your luxury condo building.

These are the sounds I experience 6 nights a week at my luxury condo. I happen to be on the 8th floor and it’s rather loud.

Now I’ve been a city boy all of my life and I’m not particularly sensitive to these noises. However I knew this BEFORE moving into my home.

Someone just went into contract (not my deal) at a unit on the 2nd floor. I’m sure it’s really loud on that level. I wonder if they were told about this.

So remember to ask.

“Where is the garbage collected, how often and at what time?”

An experienced agent should know or find this out for you. This way you’ll be better able to choose the right home for yourself!

About Eddie: Eddie Perez is an experienced New Jersey licensed Broker – REALTOR specializing in buying and selling condominiums in Hoboken and the surrounding metro communities including Jersey City and Weehawken, New Jersey. He has personally sold over 120 homes and is among the top producing agents in Hudson County. His goal is to educate both buyers and sellers so that they can make the most of their bottom line while saving time and having fun during the process. You can email questions to eddie@InvestHoboken.com

In the last 30 days, 66 Hoboken condos went into contract, a drop from the same period in 2010 however these numbers are going against the buying frenzy caused from the Home Buyer Tax Credit that was in effect during the spring market of last year.

To me, this indicates a robust, balanced market as we have 365 condos currently for sale on the Hudson County Multiple Listing Service. If we divide this by the 66 condos that went into contract in the last 30 days, we have 5.5 month inventory at current sales pace (Absorption Rate).

An absorption rate that’s between 3-6 months is typically defined as a balanced market whereas above 6 months is a buyers market and below 3 months is a sellers market.

Here’s the stats:
Total contracts last 30 days: 66 -15.3% from same period 2010
Avg asking price: $524,803 -2.72% from the $539,521 average asking price in 2010
Median asking price: $489,500 + 2.14% from the $479,000 average median price in 2010

The most expensive condo to go into contract is a 1865 sqft 2 bed, 2 den, 2.5 bath at Maxwell Place. On the opposite side, the lowest priced unit to go into contract was a 453 sqft studio at 1015 Washington St.

Hoboken and Jersey City are not immune to the foreclosure wave that has been sweeping across the U.S. over the past 2 years.

Realty Trac, the leading online marketplace for foreclosure properties released its Year-End 2010 U.S. Foreclosure Market Report™ which showed 3,825,637 foreclosure filings-default notices, scheduled auctions and bank repossessions which was an increase of 2% from 2009 and an increase of 23% from 2008.

Following are the current statistics from Realty Trac’s site for Hoboken and Jersey City. The statistics include condos, single and multiple family homes.

Hoboken:

Pre-foreclosure: 114

Auction: 2

Bank owned: 21

Jersey City:

Pre-foreclosure: 2124 (yes two thousand and twenty four!)

Auction: 62

Bank owned: 296

If you or someone you know is at risk of foreclosure in Hudson County, log onto ForeclosuresHudsonCounty.com where you can find tips on foreclosure solutions.

Do NOT go into foreclosure! There are much better alternatives such as selling your property as a short sale or applying for a mortgage modification.